Recommendations of HR Khan Working Group on FPI Regulations

The Working Group on "Foreign Portfolio Investment (FPI) Regulations", under the Chairmanship of H.R. Khan, has submitted its report to Securities and Exchange Board of India (SEBI). The recommendations of the report have been incorporated by SEBI in the draft FPI Regulations. It has suggested ways to ease FPI regulations in the country with a view to tap foreign savings to meet liquidity and investment needs.

Background

The working group was constituted by SEBU in March 2018 under Chairmanship of H.R. Khan, Deputy Governor (Retired), Reserve Bank of India (RBI). It was mandated to advise SEBI on redrafting SEBI (Foreign Portfolio Investors) Regulations, 2014 for simplification.